Living in Thailand with the WRONG Health Insurance

Summary

In this video, the host returns to King Killa Park after a hot spell in Changai City. He discusses the importance of considering long-term insurance while living abroad, particularly as he approaches 50. The host, who previously relied on Safety Wing Nomad Insurance, realizes its limitations for serious health conditions and considers switching to a more comprehensive Thai health insurance plan. He advises viewers, especially those over 50, to think about the future and not solely rely on basic travel insurance when settling down in a foreign country.

Takeaways

• 🌞 The vlogger has returned to King Killa Park after a trip to hot Changai City.
• 🚶‍♂️ The vlogger plans to walk around and discuss an important topic while reflecting on his absence.
• 🔥 It's currently the hottest time of the year, being the end of April and the beginning of May.
• 🤔 The main subject of the video is insurance, particularly the need for long-term insurance while living in Thailand.
• 📦 The vlogger has been using Safety Wing Nomad Insurance but realizes it's not suitable for long-term coverage.
• 👴 As he is approaching 50, the vlogger is considering the need for proper health insurance for the future.
• 🛑 Safety Wing is described as a basic travel insurance that is not a substitute for health insurance.
• 💊 The vlogger is concerned about the increasing aches and pains that come with age and the need for coverage for serious conditions.
• 💰 He mentions that while Safety Wing is cheap, it may not be the best investment for long-term living in Thailand.
• 🏥 The vlogger is considering Thai health insurance as a more suitable option for settling down in Thailand at the age of 50.
• 🚴‍♂️ The vlogger is preparing for new travels and adventures, indicating a shift in focus from his base in Changai.

Q & A

What is the main topic of the video script?

The main topic of the video script is the consideration of insurance, particularly long-term health insurance, for expatriates living in Thailand.

Why is the speaker reevaluating his insurance needs?

The speaker is reevaluating his insurance needs because he realizes that his current travel insurance, Safety Wing Nomad Insurance, is not suitable for long-term health coverage as he ages.

What type of insurance does the speaker currently have?

The speaker currently has Safety Wing Nomad Insurance, which is a travel insurance that covers accidents and emergency medical situations.

Why is Safety Wing Nomad Insurance not suitable for the speaker's long-term needs?

Safety Wing Nomad Insurance is not suitable for the speaker's long-term needs because it does not provide comprehensive health coverage, which is essential for someone living in a foreign country as they age.

What are some of the speaker's concerns about aging in a foreign country without proper insurance?

The speaker is concerned about potential chronic health issues and serious conditions that could arise as he gets older, which his current travel insurance would not cover.

What is the speaker's plan regarding his insurance in the coming months?

The speaker plans to possibly discontinue his current Safety Wing Nomad Insurance and look into getting proper in-house health insurance in Thailand.

What does the speaker suggest for younger individuals, such as those in their 20s or 30s, regarding insurance?

The speaker suggests that younger individuals might not need to worry as much about long-term health insurance as he does, and that basic travel insurance might be sufficient for them.

What is the speaker's view on the cost of insurance as one gets older?

The speaker acknowledges that insurance costs may increase as one gets older, and it's important to be more sensible and think about the long-term implications.

What is the speaker's opinion on the importance of having health insurance when living abroad?

The speaker believes that having health insurance is crucial when living abroad, especially as one gets older, to cover potential health issues that may arise.

What is the speaker's current age and why does it factor into his insurance considerations?

The speaker is nearing 50 years old, and this age factor is significant in his insurance considerations because he is more likely to face health issues as he gets older.

What is the speaker's advice for people considering long-term stays in Thailand?

The speaker advises people considering long-term stays in Thailand to look into proper health insurance instead of relying solely on travel insurance like Safety Wing.